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06/17 09:38

Statements from the Founder of Cardano (ADA): “Don

#World Cup Predictions: 100,000 USDT Daily Statements from the Founder of Cardano (ADA): “Don’t Believe the Rumors That Cardano Is Dead” — Also Mentioned XRP Cardano ($ADA) founder Charles Hoskinson made statements regarding Cardano’s partner chain model and the importance of the Midnight project to the ecosystem. Hoskinson stated that the modular structure allows new technologies to be integrated into the ecosystem without unnecessarily burdening Cardano’s core protocol. According to Hoskinson, Midnight possesses advanced technology that, if directly integrated into Cardano’s base layer, could make the protocol more complex, costly, and risky. Therefore, the partner chain model allows for the development of different use cases through separate modules while maintaining Cardano’s security. Hoskinson stated, “Thanks to modularity, we can integrate the most advanced solutions into Cardano without having to change anything. Midnight is a technological giant. The technology in Midnight is more sophisticated and riskier than in Cardano. If we tried to bring that down to the basic level of Cardano, it would create a very bloated protocol. It would also be expensive to maintain, and if a mistake were made, the entire Cardano system could collapse. With modularity, if one module fails, it doesn’t kill Cardano. This increases confidence in the underlying system.” Hoskinson, also touching upon Cardano’s position in the market, said that perceptions and leading projects in the cryptocurrency sector can change very quickly. Recalling that $ADA rose from $0.025 to $3 in the past, Hoskinson argued that Cardano still has a strong ecosystem. Hoskinson stated, “Cardano was at $0.025 and a year later it was at $3. Everything can change very quickly. Winners and losers are constantly switching places. If we are real, we can survive anything. Don’t believe for a second that Cardano is dead.” Related News Trezor Executive Argues That Bitcoin and Altcoin Spot ETFs Pose Long-Term Ri

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